Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1887-03-28
The New Sonfll.

SAOWAhg SCCAiOh hhONH d. tuS view
South is now attracting so much atten-
ton that some observations and impress
sions gained by trip to Birmingham
Alabama and other points in that
state and Tennessee may be of interest to
readers of the HERALD.
The route taken by the writer was
from Potosi to st. Louis. via. G.. B. g.
N. and from st. LOUIS to Birmingham
by the Louisville & Nashville. This
route requires but two changes one at
St. Louis and one at Nashville. where
the cars to which the change is made
stand waiting in the same depot
Grant county people who live at dis
lance from the c. B. & N. could take
the C. & n. w. or G. NJ. & st. P. to
Chicago and thence to Louisville by the
Monon, or half dozen other roads,
where they strike the L. & n. The fare
is in the neighborhood of S25.
The first city reached on the journey,
that is on the boom, was
NASHVILLE,
which already claims to be the metro
polls OF Tennessee.
Her population in 1880 was 43, 600,
which by rapid though steady iu-
crease, hiss now reached $4,000. Her
wealth has increased in even larger pro-
portion. She claims TO be the largest
commercial city in the state, with
capital of over $4,000 invested in
business enterprises, among $500 firms
and companies of which T0S are Gu
gagged in manufacturing. The whole
sale and manufacturing trade employ
about 700 commercial travellers and
$500 mechanics and skilled workmen.
The manufactures of coke, charcoal
and hardwood lumber are quite extern
sive. She regards her position as the
gateway of the South, and her citizens
confidently believe that 2 new city is
sprihging up on the site of old Nash
vile. The outlook is certainly promis-
ing, considering the new enterprises
that are springing up there in addition
to those already established. The value
OF real estate transfers for the week
preceding our arrival there, was $780,
600.
Ii. NJ. Price, L. l.. d., scientific
man, recently purchased 5000 acres of
land three or four miles west of the
city. He was the owner of several
patents for extracting charcoal and varI-
Gus other products from wood. A recent
article IN the Chicago Tribune thus ex-
plains the Importance of this new enter
prise:
1T is claimed these processes will
secure from one cord of wood fifty
bushels of charcoal of much higher
grade than that obtained by the old pro-
cess, which can be sold ut six cents per
bushel; $50 pounds of acetate of lime,
two cents per pound; three gallons of
alcohol, worth 30 cents; and 1000
pounds of uncondensed gases. worth
IS, making a total value of 50. 80.
This is far in advance of anything here
tofore attained A site for the applica-
ton of these processes was wanted, and
so this purchase of land was made. The
Standard Charcoal, Iron & Chemical
Company of Nashville, capital $780,
600, was formed with +. w. Cole as
President. This concern will not only
operate on ITS own account in Nashville,
but will have a half interest in ten sub
ordinate companies already organized,
or soon to be organized, which will each
treat an average of 1000 cords of wood
year, making total consumption of
100000 cords.
These patents are the nucleus of
great number of enterprises, one of the
most important of which is the Nash
vile Land Improvement Company
The title of the lands referred to is in
this corporation. The capital stock is
$4,000, 900. of which 81, 900, 900 remains
in the treasury. The public sales of
the stock were at first made at S25 per
share, aud the appreciation of the
property by the people is shown by the
present market quotation of $40 per
share bid. Only $40 per share of the
capital subscribed has thus far been
called for by the company. The tract
nnrchaSad cnnsists Of hnantifnl fnr,,,